
Speeding fines have been increased by a hefty margin in the 2012 Victorian budget, delivered by treasurer Kim Wells on May 1.
The changes are as follows:
Budget papers predict that revenue from speed cameras will rise to $305.6 million in 2012-2012, up from $256.9 million the year before. Police on-the-spot fines and toll road evasion fines are also tipped to rise by 26.9 and 14.4 percent respectively, to $159.5 million and $125.5 million.
Meanwhile, the government also announced some major road funding in the budget, including:
For more information on the budget, visit www.budget.vic.gov.au/budget.html.